3916 Conference CV, Austin TX 78730

The estimated value of this property is $1,170,580, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,211,000 and $1,261,000. Against 5 similar active listings in RIVER PLACE, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The larger floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.43 acre lot (larger than the 0.37 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in RIVER PLACE, listed between $989,999 and $1,599,000. Recent trends in RIVER PLACE show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 4201 Range View CV, Austin TX 78730, with an adjusted value of $1,288,612; with a smaller floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group